Dao Foods, founded in 2018 and based in Toronto, Canada, is a venture capital firm focused on investing in plant-based meat and alternative protein companies. The firm targets entrepreneurs developing innovative food products that cater to the growing demand among Chinese millennials. By concentrating on companies based in mainland China and those that offer strategic value to the Chinese market, Dao Foods aims to capitalize on a significant business opportunity while promoting social impact. Additionally, the firm operates an incubator program to support the growth and development of these enterprises.
Cultured Decadence is a cellular aquaculture startup based in Madison, Wisconsin, founded in 2020. The company specializes in innovative methods to produce crustacean products, specifically focusing on lobster and crab meat. Utilizing cell culture and tissue engineering techniques, Cultured Decadence creates seafood directly from the cells of these animals, eliminating the need for shells, organs, and waste. This approach aims to address the increasing global demand for nutritious and sustainable seafood, providing a more environmentally friendly alternative to traditional fishing practices.
Starfield Food Science Technology
Angel Round in 2020
Starfield Food Science Technology is a Chinese company based in Shenzhen that specializes in producing plant-based meat products. Founded in 2017, the company operates its own research and development facilities as well as manufacturing plants. Starfield is committed to creating safe, healthy, and environmentally friendly food options, with a long-term goal of developing artificial meat products that are indistinguishable from animal-based meats. The company sells its products through various outlets and online platforms.
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